Then, divide that number by 40 working hours per week. Once you know your hourly rate, multiply that number by three to compensate for your extra costs as a consultant. Example: To calculate a potential consultant hourly rate based on an annual full-time employee salary of $75,000: 37.5 x 3 = $112.50 per hour for your hourly consulting feeConvert my salary to an equivalent hourly wage. Use this calculator to determine what your hourly wage equates to when given your annual salary - it may surprise you what you make on an hourly basis. Also you may want to see if you have one of the 50 best jobs in America. You may also want to convert an hourly wage to a salary. This information ...Then, divide that number by 40 working hours per week. Once you know your hourly rate, multiply that number by three to compensate for your extra costs as a consultant. Example: To calculate a potential consultant hourly rate based on an annual full-time employee salary of $75,000: 37.5 x 3 = $112.50 per hour for your hourly consulting feeAppreciate your newfound power. Negotiating your salary requires information, tact, confidence — and the right mindset, says Medvec. “Knowledge is power, and you now have an advantage because ...Due to the nature of hourly wages, the amount paid is variable. For the cashier in our example, at the hourly wage of $15.00 per hour, a cashier would have to work 40 hours a week to make $600. Anything less than 40 hours a week would result in a lower overall pay total on time worked. Related: Wages vs. Salary: What’s the Difference?Federal Paycheck Calculator. Federal Paycheck Quick Facts. Federal income tax rates range from 10% up to a top marginal rate of 37%. The U.S. real median household income (adjusted for inflation) in 2021 was $70,784. 9 U.S. states don't impose their own income tax for tax year 2022. North Carolina Paycheck Quick Facts. North Carolina income tax rate: 4.99. $62,891 (U.S. Census Bureau) Number of cities that have local income taxes: When you get paid in North Carolina, you will notice that money has been withheld from your wages for FICA, federal and state income taxes. FICA (Federal Insurance Contributions Act) tax is a ... Annual salary to hourly wage ($50000 per year / 52 weeks) / 40 hours per week = $24.04 per hour. Monthly wage to hourly wage ($5000 per month * 12 / 52 weeks) / 40 hours per week = $28.85. Weekly paycheck to hourly rate; $1500 per week / 40 hours per week = $37.50 per hour. Daily wage to hourly rate; $120 per day / 8 hours = $15 per hourStarting July 2009, the U.S. federal government allows a nationwide minimum wage per hour of $7.25, while depending by each state’s policy employers may be requested to pay higher rates. For instance as of January 1 2015, there were more than 25 states that started paying a level greater than the minimum mandated.If you're paid an hourly wage of $18 per hour, your annual salary will equate to $37,440, your monthly salary will be $3,120 and your weekly pay will be $720. These figures are pre-tax and based on working 40 hours per week for 52 weeks of the year, with no overtime. Hourly. Yearly. Monthly.Minimum wage Overtime pay at 1.5 x normal pay rate for hours worked over 40 per week Exemptions for ‘professionals’, defined by Level of education (e.g., RN versus LPN) Salary basis pay, or Fee basis pay – agreed sum for a single job that is unique and regardless of time for completionEvery pay period, your employer will withhold 6.2% of your earnings for Social Security taxes and 1.45% of your earnings for Medicare taxes. Your employer will match that by contributing the same amount. Note that if you’re self-employed, you’ll need to pay the self-employment tax, which is the equivalent of twice the FICA taxes - 12.4% and ...Her new deal is reportedly set to pay $2.75 million before rising to $3.65 million by its final year in 2033. The deal will make Mulkey the second-highest paid coach at LSU, behind football coach ...For example, if an employee self-reported a minimum wage of $13 an hour in 2018, but subsequently received four $1 raises, bumping his or her hourly wage up to $17 per hour, the information gathered by these third-party organizations would greatly underestimate the average, self-reported wage of a company's employees.The average salary in Las Vegas, NV is $18.67. Trends in wages decreased by -1.9 percent in Q2 2023. The cost of living in Las Vegas, NV is 1 percent higher than the national average. The most ...These standards are enforced by the Department's Wage and Hour Division. Minimum Wage. The federal minimum wage is $7.25 per hour for workers covered by the FLSA. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two ...SALARY TABLE 2021-GS INCORPORATING THE 1% GENERAL SCHEDULE INCREASE EFFECTIVE JANUARY 2021 Hourly Basic (B) Rates by Grade and Step Hourly Title 5 Overtime (O) Rates for FLSA-Exempt Employees by Grade and Step Grade B/O Step 1 Step 2 Step 3 Step 4 Step 5 Step 6 Step 7 Step 8 Step 9 Step 10 Apr 25, 2023 · Additional information, including the hourly and annual 10th, 25th, 75th, and 90th percentile wages, is available in the downloadable XLS file. Major Occupational Groups (Note--clicking a link will scroll the page to the occupational group): 00-0000 All Occupations; 11-0000 Management Occupations; 13-0000 Business and Financial Operations ... In addition, see detailed job descriptions and get information on job satisfaction, job demographics, common job skills and how pay varies over time and between locations. Registered Nurse (RN ... Oct 27, 2021 · Starbucks to raise average pay up to $17 an hour as it faces a labor shortage. All Starbucks hourly pay workers will make at least $15 an hour and average $17 an hour in summer. Starbucks said ... Jan 9, 2023 · According to the BLS, the states where medical billers and coders can earn the most money are: New Jersey - $67,130 per year, $32.28 per hour. District of Columbia- $63,270 per year, $30.42 per hour. Massachusetts - $58,950 per year, $28.34 per hour. California - $57,950 per year, $27.86 per hour. Apr 10, 2017 · Wages are per hour. Some states publish wage policies differently. For states that calculate wages on daily, weekly, monthly, and annual bases, I calculated the hourly rates based on work hours per day and work days per month, according to the written policies or what was reported in the 2001 Corrections Yearbook survey. A yearly salary of $45 000 is $21.63 per hour. This number is based on 40 hours of work per week and assuming it’s a full-time job (8 hours per day) with vacation time paid. If you get paid bi-weekly (once every two weeks) your gross paycheck will be $1 731. To calculate annual salary to hourly wage we use this formula: Yearly salary / 52 ... As an hourly employee, you get paid for all the hours that you work. If an employer wants more of your time, they pay you more. For example, if you work for 25 hours and 30 minutes, you get paid for 25.5 hours. If your hourly rate is $35, you would receive $892.50 for your time.Salary to Hourly Calculator. To figure out your hourly wage based on your yearly salary, all you do is this: Take your yearly salary and divide that number by 52 (the number of weeks in a year) and then by 40 (the number of hours in a standard work week). Of course, if you work less than 40-hours a week (perhaps, 35 hours) then use that number ...Make clear, confident decisions with transparent salary data. We are committed to ensuring pay accuracy by providing reliable salary market data that remains true and transparent to respective ...Convert my salary to an equivalent hourly wage. Use this calculator to determine what your hourly wage equates to when given your annual salary - it may surprise you what you make on an hourly basis. Also you may want to see if you have one of the 50 best jobs in America. You may also want to convert an hourly wage to a salary. This information ... Article Summary: A $27 an hour rate equals a gross annual income of approximately $56,160 if you work a 40-hour week for 52 weeks a year. Remember that taxes, where you live, and the number of hours you work will affect the exact take-home dollar amount. Determining yearly salary from your hourly wage can be a bit deceptive.North Carolina Paycheck Quick Facts. North Carolina income tax rate: 4.99. $62,891 (U.S. Census Bureau) Number of cities that have local income taxes: When you get paid in North Carolina, you will notice that money has been withheld from your wages for FICA, federal and state income taxes. FICA (Federal Insurance Contributions Act) tax is a ... Welcome to opm.gov. Note: Regarding the pay rates this calculator produces for grades GS-1 through GS-4 for locations within the United States, please be aware that beginning on the first day of the first applicable pay period beginning on or after 01/30/2022, a table 001M special rate applies in place of any corresponding locality rate or other applicable special rate that is lower than the ...North Carolina Paycheck Quick Facts. North Carolina income tax rate: 4.99. $62,891 (U.S. Census Bureau) Number of cities that have local income taxes: When you get paid in North Carolina, you will notice that money has been withheld from your wages for FICA, federal and state income taxes. FICA (Federal Insurance Contributions Act) tax is a ... Other General Schedule employees covered by this table whose pay rate at their grade and step on this table is below the rate for the same grade and step on an applicable special rate table under 5 U.S.C. 5305 (or similar special rate under other legal authority) are entitled to the higher special rate. For example, in the case of special rate ...For example, if an employee self-reported a minimum wage of $13 an hour in 2018, but subsequently received four $1 raises, bumping his or her hourly wage up to $17 per hour, the information gathered by these third-party organizations would greatly underestimate the average, self-reported wage of a company's employees.Wages are per hour. Some states publish wage policies differently. For states that calculate wages on daily, weekly, monthly, and annual bases, I calculated the hourly rates based on work hours per day and work days per month, according to the written policies or what was reported in the 2001 Corrections Yearbook survey.General Schedule (GS) base pay varies from the GS-1 level at $20,999 per annum to $152,771 per annum at step 10 of the GS-15 grade, not including locality pay adjustments. The Senior Executive Service salary tops out at $226,300 per annum. The average annual salary for full-time non-postal employees has increased to just over $90,500 in 2021. Average Walmart hourly pay ranges from approximately $11.88 per hour for Retail Sales Associate II to $39.95 per hour for Senior Maintenance Person. The average Walmart salary ranges from approximately $23,000 per year for Sales Coordinator to $196,049 per year for Android Developer. Salary information comes from 151,444 data points collected ...The average hourly pay for a Bookkeeper is $19.26 in 2023. Hourly Rate. $14 - $28. Bonus. $287 - $5k. Profit Sharing. $520 - $8k. Commission. $1k - $6k.For example, in the case of special rate table 001M covering employees at grades GS-1 through GS-4 stationed in the United States (established under 5 U.S.C. 5305 to achieve a $15 minimum hourly rate), beginning on the first day of the first applicable pay period beginning on or after 01/30/2022, a table 001M special rate applies in place of ... Every pay period, your employer will withhold 6.2% of your earnings for Social Security taxes and 1.45% of your earnings for Medicare taxes. Your employer will match that by contributing the same amount. Note that if you’re self-employed, you’ll need to pay the self-employment tax, which is the equivalent of twice the FICA taxes - 12.4% and ...Jun 30, 2023 · Unlike nannies, babysitters often work part-time or on an occasional basis for several families at a time, and are paid hourly at the end of a shift. Cost of living and minimum wage laws can influence hourly rates. According to recent Sittercity data, the national typical hourly rate of babysitters in 2023 is $20.00 per hour.* Pay & Leave Salaries & Wages. SALARY TABLE 2021-GS. INCORPORATING THE 1% GENERAL SCHEDULE INCREASE. EFFECTIVE JANUARY 2021. Hourly Basic (B) Rates by Grade and Step. Hourly Title 5 Overtime (O) Rates for FLSA-Exempt Employees by Grade and Step. Grade. B/O. Then, divide that number by 40 working hours per week. Once you know your hourly rate, multiply that number by three to compensate for your extra costs as a consultant. Example: To calculate a potential consultant hourly rate based on an annual full-time employee salary of $75,000: 37.5 x 3 = $112.50 per hour for your hourly consulting feeThis is a set hourly minimum of at least one and one half times the standard wage. As an example, an employee who works 5 extra hours a day and has an hourly rate of $15 will see the following calculation for their OT – Regular pay of $15 × 8 hours = $120; Overtime pay of $15 × 5 hours × 1.5 (OT rate) = $112.50 Then, divide that number by 40 working hours per week. Once you know your hourly rate, multiply that number by three to compensate for your extra costs as a consultant. Example: To calculate a potential consultant hourly rate based on an annual full-time employee salary of $75,000: 37.5 x 3 = $112.50 per hour for your hourly consulting feeThese Excel templates can be adjusted to reflect hourly rates and overtime, salaries, taxes and withholdings that apply to your business. You don't need to be a designer to create a payroll template that will hold up through thousands of pay cycles but that can be adjusted to reflect changing needs such as costs, base pay and raises. Budgeting ... In case someone works in a week a number of 40 regular hours at a pay rate of $10/hour, plus an 15 overtime hours paid as double time the following figures will result: Overtime pay rate: $15.00 Overtime pay per period: $225.00Caseys pays an average hourly rate of $1,298 and hourly wages range from a low of $1,141 to a high of $1,475. Individual pay rates will, of course, vary depending on the job, department, location, as well as the individual skills and education of each employee. Avg. Base Salary (USD) $1,298/hour View Avg Salary By Year Low:$1,141 Average:$1,298The federal minimum wage for covered nonexempt employees is $7.25 per hour. Many states also have minimum wage laws. In cases where an employee is subject to both the state and federal minimum wage laws, the employee is entitled to the higher of the two minimum wages.Convert my salary to an equivalent hourly wage. Use this calculator to determine what your hourly wage equates to when given your annual salary - it may surprise you what you make on an hourly basis. Also you may want to see if you have one of the 50 best jobs in America. You may also want to convert an hourly wage to a salary. This information ... Due to the nature of hourly wages, the amount paid is variable. For the cashier in our example, at the hourly wage of $15.00 per hour, a cashier would have to work 40 hours a week to make $600. Anything less than 40 hours a week would result in a lower overall pay total on time worked. Related: Wages vs. Salary: What’s the Difference?Exempt computer employees may be paid at least $684* on a salary basis or on an hourly basis at a rate not less than $27.63 an hour. Being paid on a “salary basis” means an employee regularly receives a predetermined amount of compensation each pay period on a weekly, or less frequent, basis.Federal Paycheck Calculator. Federal Paycheck Quick Facts. Federal income tax rates range from 10% up to a top marginal rate of 37%. The U.S. real median household income (adjusted for inflation) in 2021 was $70,784. 9 U.S. states don't impose their own income tax for tax year 2022. Aug 29, 2018 · Salary to Hourly Calculator. To figure out your hourly wage based on your yearly salary, all you do is this: Take your yearly salary and divide that number by 52 (the number of weeks in a year) and then by 40 (the number of hours in a standard work week). Of course, if you work less than 40-hours a week (perhaps, 35 hours) then use that number ... Feb 21, 2023 · In 2021, 55.8% of all workers received an hourly wage rather than a salary. That was up from 55.5% of workers in 2020, but down from years prior when more than 58% of the workforce was paid an ... Convert annual salary to hourly wage. ConvertUnits.com provides a tool you can use to calculate the equivalent hourly wage based on your annual salary. You can factor in paid vacation time and holidays to figure out the total number of working days in a year. The salary calculator will also give you information on your weekly income and monthly ... Aug 14, 2023 · U.S. median earnings of full time wage and salary workers 1979-2021; U.S. full-time workers inflation adjusted weekly earnings 1979-2021; U.S. weekly earnings of wage workers 2021, by gender Aug 8, 2023 · It is a flexible tool that allows you to convert your annual remuneration to an hourly paycheck, recalculate monthly wage to hourly rate, weekly rate to a yearly wage, etc. This salary converter does it all very quickly and easily, saving you time and effort. Every pay period, your employer will withhold 6.2% of your earnings for Social Security taxes and 1.45% of your earnings for Medicare taxes. Your employer will match that by contributing the same amount. Note that if you’re self-employed, you’ll need to pay the self-employment tax, which is the equivalent of twice the FICA taxes - 12.4% and ... Every pay period, your employer will withhold 6.2% of your earnings for Social Security taxes and 1.45% of your earnings for Medicare taxes. Your employer will match that by contributing the same amount. Note that if you’re self-employed, you’ll need to pay the self-employment tax, which is the equivalent of twice the FICA taxes - 12.4% and ... Average GameStop hourly pay ranges from approximately $8.75 per hour for Customer Service Associate / Cashier to $23.67 per hour for Systems Project Manager. The average GameStop salary ranges from approximately $24,000 per year for Audit Associate to $149,874 per year for Software Architect. Salary information comes from 6,139 data points ...Use SmartAsset's paycheck calculator to calculate your take home pay per paycheck for both salary and hourly jobs after taking into account federal, state, and local taxes. Overview of Georgia Taxes Georgia has a progressive income tax system with six tax brackets that range from 1.00% up to 5.75%.Aug 29, 2018 · Salary to Hourly Calculator. To figure out your hourly wage based on your yearly salary, all you do is this: Take your yearly salary and divide that number by 52 (the number of weeks in a year) and then by 40 (the number of hours in a standard work week). Of course, if you work less than 40-hours a week (perhaps, 35 hours) then use that number ... Jun 14, 2023 · Casey's Employee Hourly Pay Updated Jun 14, 2023 United States United States Any Experience Any Experience 0-1 Years 1-3 Years 4-6 Years 7-9 Years 10-14 Years 15+ Years Total Pay Estimate & Range Confident Total Pay Range $17 - $32 / hr Base Pay $16 - $29 / hr Additional Pay $1 - $2 / hr $23 /hr $17$32 Most Likely Range These Excel templates can be adjusted to reflect hourly rates and overtime, salaries, taxes and withholdings that apply to your business. You don't need to be a designer to create a payroll template that will hold up through thousands of pay cycles but that can be adjusted to reflect changing needs such as costs, base pay and raises. Budgeting ...Most employers determine an annual salary or compensation and divide that equally across the paydays in a year. This means, for example, that an employee earning $60,000 in annual salary who’s paid monthly would receive twelve gross paychecks of $5,000. One with the same annual compensation who’s paid weekly would receive about $1,153 per ... Minimum wage Overtime pay at 1.5 x normal pay rate for hours worked over 40 per week Exemptions for ‘professionals’, defined by Level of education (e.g., RN versus LPN) Salary basis pay, or Fee basis pay – agreed sum for a single job that is unique and regardless of time for completionOther General Schedule employees covered by this table whose pay rate at their grade and step on this table is below the rate for the same grade and step on an applicable special rate table under 5 U.S.C. 5305 (or similar special rate under other legal authority) are entitled to the higher special rate. For example, in the case of special rate ...Convert my salary to an equivalent hourly wage. Use this calculator to determine what your hourly wage equates to when given your annual salary - it may surprise you what you make on an hourly basis. Also you may want to see if you have one of the 50 best jobs in America. You may also want to convert an hourly wage to a salary. This information ...Exempt computer employees may be paid at least $684* on a salary basis or on an hourly basis at a rate not less than $27.63 an hour. Being paid on a “salary basis” means an employee regularly receives a predetermined amount of compensation each pay period on a weekly, or less frequent, basis.Apr 19, 2023 · Another way to calculate this is to use the annual income formula, but reducing the weeks worked per year. Annual Income = $20/hour x 40 hours/week x 50 weeks/year. Annual Income = $40,000. The annual income of this wage earner has now dropped to $40,000 from the previous example of $41,600. To find this number: Calculate the product of the overtime monthly hours and the pay multiplier: 10 × 1.5 = 15. Divide the result by your regular monthly hours: 15/160 = 0.0938. To find your pay, multiply the result by your monthly salary. The result corresponds to 9.38% of that amount.How much does Casey's in the United States pay? Average Casey's hourly pay ranges from approximately $9.00 per hour for Deli Associate to $20.79 per hour for Shipping Coordinator. The average Casey's salary ranges from approximately $17,000 per year for Janitor to $82,161 per year for Site Manager.Grand Total. hourly paycheck calculator: 1.Use Up Arrow or Down Arrow to choose between AM and PM. 2.Enter the Hourly rate without the dollar sign. Print our hourly wage calculator A new window will open with your hours. Allow pop-up's to be able to print. This payroll calculator provides general guidance and estimates of Federal and State ...Take home pay is calculated based on up to six different hourly pay rates that you enter along with the pertinent federal, state, and local W4 information. This federal hourly paycheck calculator is perfect for those who are paid on an hourly basis. Select a state Paycheck FAQs Switch to salary calculator State & Date State Federal taxes onlyThis is a set hourly minimum of at least one and one half times the standard wage. As an example, an employee who works 5 extra hours a day and has an hourly rate of $15 will see the following calculation for their OT – Regular pay of $15 × 8 hours = $120; Overtime pay of $15 × 5 hours × 1.5 (OT rate) = $112.50 The regular rate of pay is determined as $625.00 for the first job and $729.17 for the second job. Divide the sum ($625 + $729.17 = $1354.17) by 40 hours, for a rate of pay of $33.85 per hour. The hourly rate of overtime pay is 1.5 x $33.85, or $50.78 per hour.
Walmart Inc. announced in January that U.S. workers would get pay raises the following month, increasing starting wages to between $14 and $19 an hour. Starting wages currently ranged between $12 .... Apartments for rent in hawthorne ca under dollar800
Every pay period, your employer will withhold 6.2% of your earnings for Social Security taxes and 1.45% of your earnings for Medicare taxes. Your employer will match that by contributing the same amount. Note that if you’re self-employed, you’ll need to pay the self-employment tax, which is the equivalent of twice the FICA taxes - 12.4% and ...Every pay period, your employer will withhold 6.2% of your earnings for Social Security taxes and 1.45% of your earnings for Medicare taxes. Your employer will match that by contributing the same amount. Note that if you’re self-employed, you’ll need to pay the self-employment tax, which is the equivalent of twice the FICA taxes - 12.4% and ... Hourly basic rate of pay 12 x Monthly basic rate of pay ----- 52 x No. of hours worked in a week Daily basic rate of pay 12 x Monthly basic rate of pay ----- 52 x Number of days a part-time employee is required to work in a weekIf you are single or married and filing separately in New Jersey, there are seven tax brackets that apply to you. At the lower end, you will pay at a rate of 1.40% on the first $20,000 of your taxable income. Meanwhile, the highest tax bracket reaches 10.75% on income over $1 million. On the other hand, there are eight tax brackets for married ... Sep 3, 2023 · The average Casey's salary ranges from approximately $31,677 per year for a Part Time Cashier to $152,052 per year for a Senior Software Engineer. The average Casey's hourly pay ranges from approximately $15 per hour for a Part Time Cashier to $57 per hour for a Software Engineer . Additional information, including the hourly and annual 10th, 25th, 75th, and 90th percentile wages, is available in the downloadable XLS file. Major Occupational Groups (Note--clicking a link will scroll the page to the occupational group): 00-0000 All Occupations; 11-0000 Management Occupations; 13-0000 Business and Financial Operations ...These Excel templates can be adjusted to reflect hourly rates and overtime, salaries, taxes and withholdings that apply to your business. You don't need to be a designer to create a payroll template that will hold up through thousands of pay cycles but that can be adjusted to reflect changing needs such as costs, base pay and raises. Budgeting ... Calculating pay for an hourly worker is easy. If you earn $20 per hour and work 40 hours per week, then your weekly paycheck is $800. However, if you receive a salary pay, then it gets more complicated. You need to take your annual salary and divide it by the number of pay periods in a year (these can be weekly, bi-weekly, monthly, bi-monthly ...Jan 9, 2023 · According to the BLS, the states where medical billers and coders can earn the most money are: New Jersey - $67,130 per year, $32.28 per hour. District of Columbia- $63,270 per year, $30.42 per hour. Massachusetts - $58,950 per year, $28.34 per hour. California - $57,950 per year, $27.86 per hour. Most employers determine an annual salary or compensation and divide that equally across the paydays in a year. This means, for example, that an employee earning $60,000 in annual salary who’s paid monthly would receive twelve gross paychecks of $5,000. One with the same annual compensation who’s paid weekly would receive about $1,153 per ... Jul 31, 2023 · The estimated total pay for a Team Member at Casey's is $16 per hour. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. General Schedule (GS) base pay varies from the GS-1 level at $20,999 per annum to $152,771 per annum at step 10 of the GS-15 grade, not including locality pay adjustments. The Senior Executive Service salary tops out at $226,300 per annum. The average annual salary for full-time non-postal employees has increased to just over $90,500 in 2021.Nanny wages can differ based on years of experience, education level, employment status (full-time live in/live out) and more. According to recent Sittercity data, the average hourly rate of nannies in 2023 is $21.50 per hour.* 54% of families report that they sometimes or always tip their nannies.North Carolina Paycheck Quick Facts. North Carolina income tax rate: 4.99. $62,891 (U.S. Census Bureau) Number of cities that have local income taxes: When you get paid in North Carolina, you will notice that money has been withheld from your wages for FICA, federal and state income taxes. FICA (Federal Insurance Contributions Act) tax is a ... The gross pay method refers to whether the gross pay is an annual amount or a per period amount. The annual amount is your gross pay for the whole year. Per period amount is your gross pay every payday. For example, if your annual salary were $52,000 and you are paid weekly, your annual amount is $52,000, and your per period amount is $1,000.California Paycheck Calculator. Use ADP’s California Paycheck Calculator to estimate net or “take home” pay for either hourly or salaried employees. Just enter the wages, tax withholdings and other information required below and our tool will take care of the rest. Important note on the salary paycheck calculator: The calculator on this ... How to convert a monthly salary to an hourly rate. To calculate your hourly rate based upon your monthly salary, multiply your monthly figure by 12 and then divide it by the number of hours you work per week and again by the number of paid weeks you work each year. Hourly = (Monthly salary × 12 / Hours per week) / Weeks per year.Amount of pay / hours worked = hourly rate of pay. For example, if you worked full time at 40 hours per week and earned $1,000 each week, you can find your hourly rate using this calculation: $1,000 weekly pay / 40 hours worked per week = $25 per hour. Related: How To Calculate Wages Over Different Time Periods Using an Hourly WageThe regular rate of pay is determined as $625.00 for the first job and $729.17 for the second job. Divide the sum ($625 + $729.17 = $1354.17) by 40 hours, for a rate of pay of $33.85 per hour. The hourly rate of overtime pay is 1.5 x $33.85, or $50.78 per hour. .